Playa Del Sol — project image
Off-Plan

Playa Del Sol

From AED 2.41M·Handover Dec 2028·20% down payment Payment
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AED 2.41M
Starting Price
Dec 2028
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Playa Del Sol is an exclusive complex from the developer Ellington, located on the island of Al Marjan in Ras Al Khaimah, which consists of two underground, one ground floor and 14 residential floors. This bold architectural solution combines calm beauty and elegance with the dynamic spirit of the coastal environment and stunning views of the Persian Gulf. There are studios, as well as branded 1, 2 and 3-bedroom apartments, including duplexes, 4-bedroom penthouses and a 5-bedroom villa. The interior features natural materials and elegant transitions that combine aesthetics with practicality. The complex offers a variety of amenities, including: lobby with reception, swimming pool, children's pool, clubhouse, playgrounds, gym, yoga studio, sauna, SPA, electric car charging station, cascading waterfall, access to a private jetty and many others. Playa Del Sol has a great location, with easy access to Wynn Resort (4 minutes), Al Hamra Mall (8 minutes), RAK Central (9 minutes), Al Hamra Golf Club (10 minutes), Royal Yacht Club of Ras Al Khaimah and RAK Track (12 minutes), RAK Mall (25 minutes), RAK International Airport (31 minutes), RAK Economic Zone (33 minutes), Jebel Jais Entrance (42 minutes), Sharjah International Airport (45 minutes), Dubai International Airport (60 minutes).

Project Specifications
DeveloperEllington Properties
LocationAl Marjan Island
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaAl Marjan Island
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 103,992 / year
Cash-on-Cash
2.2%
Levered cashflow AED 24,462
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.11M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Ellington Properties.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Children’s pool
Club house
Electric Vehicle Charger
Infinity pool
Kids Play Area
Landscaped garden
Lobby
Open air gym
SPA
Shared gym
Yoga studio

Location

Playa Del Sol location map
Project location

Nearby Destinations

Al Marjan Island

Developer and Project Facts

01

Playa Del Sol by Ellington Properties

02

Located in Al Marjan Island

03

Starting from AED 2,410,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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